Deciphering the Lease Proposal

Leasing Best Practices

Deciphering the Lease Proposal

  • Define the scope of work, one time transaction, project &/or lease line facility
  • Require separate lease rates for hardware & software; no blended lease rates
  • Ensure lease rates are tied to changes in like-term swap rates
  • Validate like-term benchmark swap rate accurately ties to the proposal date
  • Remove requirement for up-front deposits and/or advance lease payments
  • Require the lessor to quantify pro-rated & interim rent prior to lease commencement.
  • Ensure line item, purchase, extension & return flexibility at the end of lease.
  • Eliminate mandatory end of lease extensions, restocking fees or residual guarantees.

DID YOU KNOW?

How lease terms impact total cost...

The majority of all leases fail to provide proper notice to terminate the lease, resulting in an automatic lease extension.

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